Would my corporation considered as Personal Services Business (Personal Services Corporation)?
I am interested in setting up a small corporation. It will be a tutoring corporation for high school/college students, and I am not planning on hiring anyone (i.e. I will be the only employee of the corporation). To earn money, I will be tutoring local high school students / college students in public (in an empty classroom in a school, etc.) but I will not associate myself with the school board or local government. I will only be a private tutor for students. The students will pay me directly for tutoring, not the school boards or local government.
Will my corporation considered as Personal Services Business? The tax rates without small business deduction looks scary...